FIRST STATE BANK OF IPSWICH Failed 1938

IPSWICH, SD · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

FIRST STATE BANK OF IPSWICH of IPSWICH, SD was closed on 1938-04-12. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
209
FDIC FIN
0
Bank name
FIRST STATE BANK OF IPSWICH
Location
IPSWICH, SD
Failure date
1938-04-12
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
Deposits at failure
$0M
Assets at failure
$0M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions